Sunway Real Estate Investment Trust

Common Name
Sunway REIT
Country
Malaysia
Sector
Real Estate
Industry
REIT - Retail
Employees
21
Ticker
SUNREIT
Exchange
BURSA MALAYSIA
Description
Sunway Real Estate Investment Trust is a prominent investment vehicle operating within Malaysia's real estate sector. It primarily aims to manage and invest in a diversified portfolio of income-genera...

Sunway REIT's Climate Target Data Preview

As of 2024, Sunway REIT has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sunway REIT ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
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Verified Sources Behind Sunway REIT’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Sunway REIT’s data sources below and access millions more through our Disclosure Search.

a. Sunway REIT's Sustainability Report 2024
a. Sunway REIT's Sustainability Report 2024

Insights into Sunway REIT's Greenhouse Gas Emissions Pathways

As of 2024, Sunway REIT has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Sunway REIT have a target to reduce its total carbon footprint?

As of 2024, Sunway REIT has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Sunway REIT's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0.259 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2022, by 45% by 2030. a

Instead of reducing total carbon footprint, Sunway REIT has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Sunway REIT's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20222024203000.080.150.230.3BaselineCurrent (+14%)Target 2030 (-45%)
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